#PowellRemarks

Jerome Powell's speech on April 16, 2025, had a significant impact on the cryptocurrency market, particularly on the price of Bitcoin $BTC.

🔹Powell stated that the Fed is not in a hurry to lower interest rates due to persistent concerns about inflation.

🔹He also emphasized that the current strength of the U.S. allows the Fed to act cautiously.

🔹These comments suggest that interest rates may remain elevated longer than expected.

🔹After Powell's speech, the price of Bitcoin #bitcoin experienced fluctuations, briefly declining. This is because higher interest rates may make risky assets like Bitcoin less attractive to investors. The cryptocurrency market is very sensitive to statements from the Chair of the Federal Reserve.

🔹Powell's remarks reflect the current macroeconomic situation in which the Fed is trying to balance the fight against inflation and support for economic growth.

🔹The words of the Chair of the U.S. Fed have a significant impact on all financial markets.

🔹It is important to note that the cryptocurrency market is very volatile, and its price can be influenced by many factors.